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of <h1>Companies Act Section 60: Display Subscribed and Paid-Up Capital or Face Penalties for Non-Compliance</h1> Section 60 of the Companies Act, 2013 mandates that any official publication or correspondence from a company stating its authorised capital must also prominently display the subscribed and paid-up capital. Failure to comply results in a penalty of ten thousand rupees for the company and five thousand rupees for each responsible officer per default.
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